Crypto fashion: why people are buying clothes which don’t exist

A virtual sneaker made by the digital fashion company RTFKT, featuring a unique design generated from a CryptoPunk, a popular kind of non-fungible token (NFT), as The CryptoPunk-themed sneakers were sold in both physical and digital form to CryptoPunk owners, is seen in this render obtained by Reuters on August 10, 2021. RTFKT INC/Handout via REUTERS